Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits per equity...
Profits for Los Angeles-based Latham & Watkins fell 21% in 2008, one of the biggest falls so far reported by an Am...
The ABA Journal notes that an unprecedented wave of law firm layoffs is leading to a second wave of ex-employee lawsuits. The...
Law firm Simpson Thatcher & Bartlett have postponed their plans to place an office in Sao Paulo. They have also cut back...
This morning’s top stories: New York’s Chadbourne & Parke has announced a salary freeze for 2009. The Above the Law blog says...
New York’s Chadbourne & Parke has announced a salary freeze for 2009. As you know, the world economic outlook for 2009 is...
Here are this morning’s top stories: London’s Linklaters , the world’s second largest law firm by revenue, will eliminate 70 partners and 10%...
From Financial Week: The counter-cyclical practices of bankruptcy lawyers are thriving amid the worst business collapse since the Great Depression. Their firms...
From The American Lawyer: Want an early look at how law firms will end 2008? Check out their associate bonus memos. Of...
Former Dechert LLP associate Marc Dubin has sued the firm for allegedly making false promises to lure him to the Philadelphia firm,...
In a move to copy their across-the-pond counterparts, London-based Clifford Chance  has slashed the bonuses of their US associates in half. This...
